bm‑t beteiligungsmanagement thüringen gmbh (bm|t) announces the launch of two new venture capital funds: TSF II and WBF II. The two funds have a total investment amount of € 55 million and continue the early and growth stage investment activities of the TSF and WBF funds.
The TSF II fund has a volume of € 30 million and will invest in young and innovative small companies in the pre-seed and seed phase that are no more than 5 years old. An investment of up to € 1.5 million per company is possible. The WBF II fund has a volume of € 25 million and will invest in innovative small and medium-sized companies in the growth phase that are no more than 8 years old. Here, an investment per company of up to € 4 million is possible in the same amount as co-investment of private investors.
The Stiftung Thüringer Beteiligungskapital (ThüB) and the EFRE fund provide the capital for the two funds, which are managed by bm|t. Thus, bm|t can continue to provide capital to Thuringian companies from the pre-seed to the growth phase and strengthens its position as a leading early-stage and growth investor for Thuringian companies.
The two funds aim not only to strengthen the resilience of Thuringia’s economy and promote the necessary transformation of existing structures, but also to contribute to current social challenges. This includes driving decarbonization and promoting greater sustainability.
Kevin Reeder, Managing Director of bm|t, said, “We are very pleased to launch the two new funds, seamlessly continuing the successes from TSF and WBF. With these funds, we will help innovative young companies in Thuringia to implement their ideas and grow. At the same time, we will help make Thuringia’s economy more resilient and sustainable.”
bm|t has been active as an early-stage and growth investor in Thuringia since 2003 and has already invested in more than 130 companies.